News Formal

Stocks making the biggest moves premarket: Spotify, General Motors, Coca-Cola and more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 21 min. at publisher
  • 📊 Quality Score:
  • News: 78%
  • Publisher: 72%

Regwall-Marketmovers News

United Parcel Service Inc,Spotify Technology SA,Lockheed Martin Corp

These are the stocks posting the largest moves in early trading.

Check out the companies making headlines before the bell: Spotify Technology — The music streaming stock surged 13% after Spotify Technology posted second quarter earnings that topped estimates. Gross margin also exceeded expectations, along with operating income. General Motors — The auto stock jumped 4.6% after General Motors easily topped second-quarter estimates. GM also said it's restructuring its struggling autonomous vehicle and China businesses.

UPS reported $1.79 earnings per share on $21.80 billion in revenue. Analysts polled by LSEG had estimated $1.99 earnings per share and revenue of $22.18 billion. Danaher — The life sciences stock jumped 6% after Danaher posted second-quarter earnings and revenue that exceeded expectations. "We were particularly pleased with the sustained positive momentum in our bioprocessing business," CEO Rainer Blair said in a statement.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in AU

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Spotify, Tesla among stocks with earnings this week that could see big movesOptions market pricing suggests that traders expect these stocks to see big reactions to earnings.
Source: CNBC - 🏆 12. / 72 Read more »